How Much To Offer On Foreclosed Home All Locations : Nationwide Real Estate Advice

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Showing results for How Much To Offer On Foreclosed Home [Clear search]
Bill Hull,  in Stockton, CA
Bill Hull answered:
I am renting a house, and was recently told that the owner was letting the house go. What happens now?
Unless the owner gives you notice to move you would likely remain in the house until it is sold or foreclosed. Verify if a notice of default has been filed on the property by the owner ... more
0 votes Share Flag Tue Oct 30, 2012 Foreclosure in 95209
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How much should I offer on a foreclosure and it it worth it?
The Assessed value is seldom a good guide to the Market Value; in some areas, the assessment may be years-old. Also. some Counties are run very efficiently and have surpluses; they do n ... more
0 votes Share Flag Mon Oct 29, 2012 Foreclosure in 02127
Stefan Levine, Real Estate Pro in Jupiter, FL
Stefan Levine answered:
I signed my Seller/Buyer contract to sell my house on Oct. 11. The buyers will not even have the appraiser ...
There is a difference between the closing date and the standard 30 day contingency for mortgage approval. Check if the mortgage contingency was extended to 60 days. If the mortgage co ... more
0 votes Share Flag Tue Oct 30, 2012 Home Selling in 33458
Dot Chance, Real Estate Pro in Burbank, CA
Dot Chance answered:
What Happens After Election to home inventory and pricing?

You have asked the questions that so many are asking! My opinion is that whichever way the election goes, people will be more inclined to put their property on the ma ... more
0 votes Share Flag Thu Nov 1, 2012 Market Conditions in Clayton
Laith Kubba, Real Estate Pro in Plainfield, IL
Laith Kubba answered:
I am going into foreclosure anyday now. can i hire attorney to help me negotiate keys for cash deal. I n ...
Give me a call at 312-371-2383 and we can discuss available options.
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Lila Lopez, Real Estate Pro in South Miami, FL
Lila Lopez answered:
Can a bank buy back its own bank-owned foreclosed property?
Good Morning,

When a property is set for a foreclosure sale it is advertised well in advance and anyone chosing to make an offer on a property is free to do so. The bank will have ... more
0 votes Share Flag Fri Dec 18, 2015 Foreclosure in Miami
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Short Sale - What are our odds?
Low-Ball offers haven't worked for some time now; particularly with the Banks:
They are prepared to sit it out and wait for a recovery.
I think you may have outsmarted yourself on thi ... more
0 votes Share Flag Mon Jan 21, 2013 Home Buying in Woodstock
Cliff Clover, Real Estate Pro in Kissimmee, FL
Cliff Clover answered:
In short, what are the qualifications for buying a short sale home or a pre-forclosure home?
When buying a short sale home all you need is the same qualifications of a normal buyer that is proof of funds letter if you are buying cash or a pre- approval letter if you are gettin ... more
0 votes Share Flag Thu Oct 18, 2012 Home Buying in Huntington
Ricky Ablaza, Real Estate Pro in Milpitas, CA
Ricky Ablaza answered:
Does anyone know a good RE agent who specializes in pre-foreclosures in Saratoga or Los Gatos?
Hi Sush,

I am an agent who specializes in pre-foreclosures and REO's (bank owned properties). Call (408-316-0793) or email ( and I can help you determine if sai ... more
0 votes Share Flag Fri Apr 18, 2014 Foreclosure in Saratoga
Elena Talis,  in Palo Alto, CA
Elena Talis answered:
Buyer backed out just after the short sale approval. Its all cashdown with no (zero) contigencies contract. What are my options?
Depends. What does it say in the short sale addendum? How much time did you have to get the sale approved? Most probably you have to put the property back on the market.
0 votes Share Flag Fri Oct 12, 2012 Home Buying in Milpitas
Larry F Delb…, Real Estate Pro in Alphretta, GA
Larry F Delbridge II answered:
Do you feel that less-than-contract price appraisals contributing to delay of values recovery?
Appraisals are absolutely slowing the recovery. This is thanks to HVCC aka Home Valuation Code of Conduct.
0 votes Share Flag Wed May 1, 2013 Market Conditions in Atlanta
Stephanie Zi…, Real Estate Pro in Grapevine, TX
Stephanie Ziemann answered:
I want to buy a foreclosed house in Grapevine a house that falls in Carroll ISD.
Do you know what your credit scores is? There are some lenders that can work with a 600-620. I actually live in the area you are referring to as I am in Grapevine and my child goes to ... more
0 votes Share Flag Sat Jan 4, 2014 Home Buying in Grapevine
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
We were foreclosed on August 9, 2012 No eviction notice - how long do we have
It is not usual to wait this long to hear something:
Presuming that your Bank re-bought the property, they have their Realtor visit you and offer Cash-for-Keys and 30 days.
You have s ... more
0 votes Share Flag Thu Jan 31, 2013 Foreclosure in Wisconsin
Peter Mohyls…, Real Estate Pro in Destin, FL
Peter Mohylsky answered:
A piece of property was originally purchased for $380,000 in 2006 and was later foreclosed on and taken ove ...
The bank will write off the difference from their books but still might try to reclaim some monies from the previous owner. It depends upon the unique situation. They all differ.
0 votes Share Flag Thu Sep 27, 2012 In My Neighborhood in 06811
Warren P. Wi…, Real Estate Pro in Austin, TX
Warren P. Wilcox answered:
Should I sell my house after only two years?
Most likely renting will be a better option, but if there are favorable factors, selling could work for you. I would be glad to discuss this with you in more detail, as there are a lot ... more
0 votes Share Flag Thu Feb 27, 2014 Home Selling in 78664
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
If you have a buyer who wants to buy your home for more than you owe the mortgage company on a foreclosu ...
Anything relating to taxes needs to be discussed with a tax professional.
0 votes Share Flag Fri Sep 21, 2012 Foreclosure in Boca Raton
Lee Taylor, Real Estate Pro in Decatur, GA
Lee Taylor answered:
how do you find the best rent to own deal, i am looking for same in marietta city while i work on some cred ...
No such thing as a good, better or best rent to own deal.

Call Aaron's if you want to rent to own something.

Avoid a purchase commitment if you can't afford one and if you don't h ... more
0 votes Share Flag Thu Nov 15, 2012 Home Buying in Marietta
Tim Zielonka, Real Estate Pro in Bannockburn, IL
Tim Zielonka answered:
Our shortsale is terrible and noone has any sort of clear answers. What can we do?
Consult an attorney right away! A Realtor should never advise you to stop paying your mortgage. You're in a very dangerous situation. Walking away from the property and doing a forec ... more
0 votes Share Flag Mon Jan 27, 2014 Home Selling in Chicago
Dawn Lane,  in Las Vegas, NV
Dawn Lane answered:
I am a cash buyer with a budget around 60k, I like to have condo in the sumerlin area..I have not been able ...
Good luck . It's not a matter of an agent who can be " fast enough" . There is NO inventory ! The price range and area you are looking in us highly competitive . Prices h ... more
0 votes Share Flag Mon Sep 17, 2012 Home Buying in Summerlin
Rashard Scott, Real Estate Pro in San Diego, CA
Rashard Scott answered:
Had a foreclosure about 2yrs now is it possible to qualify for a home loan? My credit score is around 73 ...
Please give me a call and I will connect you with some lenders that may be able to assist you. Generally 3yrs after is the norm but it won't hurt to contact a lender about your particu ... more
0 votes Share Flag Tue Jul 2, 2013 Financing in 91911
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